Sugar Subsidy - Law Dictionary Search Results
Home Dictionary Name: sugar subsidySugar subsidy
Sugar subsidy. The British Sugar (Subsidy) Act, 1925 (15 Geo. 5, c. 12), provided for a subsidy on sugar and molasses manufactured in Great Britain in the 10 years 1st October, 1924-34 (extended to 31st August, 1936, by amending Acts), from beet grown in Great Britain, and for excise duties on the products manufactured in Great Britain and Northern Ireland from beet grown there...
Subsidy
Subsidy, an aid, tax, or tribute granted to the Crown for the urgent occasions of the kingdom, to be levied on every subject o ability, according to the value of his lands or goods.The word 'subsidy' in Item 6(g) of the Second Schedule of the Payment of Bonus Act cannot be confined only to those cases where cash payment is made by Government in order that an industry may survive, that even if assistance is given by way of an incentive it would not cease to be a subsidy provided it is a cash payment given by way of assistance and that certain types of assistance particularly those which are only indirect like rebates etc. should be excluded, Shri Ambica Mills No. 1 v. Textile Labour Association, AIR 1973 SC 1081: (1973) 3 SCC 787: (1973) 3 SCR 123.Subsidy, is grant of money from a government to a private enterprise considered as beneficial to the public, Commissioner of Income Tax v. Grace Paper Industries Pvt. Ltd., 1990 183 ITR 591 (Guj); Commissioner of Income Tax, Hyderabad v. P.J. ...
Confectioners sugar
A highly refined sugar in impalpable powder esp suited to confectioners uses...
Customs
Customs, duties charged upon commodities on their importation into, or exportation out of, a country. They seem to have existed in England before the Conquest, but the king's claim to them was first established by grant of Parliament in the reign of Edward I. These duties were at first, principally laid on wool, woolfels (sheep-skins) and leather when exported. There were also extraordinary duties paid by aliens both on export and import, which were denominated parva custuma, to distinguish them from the former, or magna custuma. The duties of tonnage and pound-age, of which mention is so frequently made in English history, were customs duties; the first being made onwine by the tun, and the latter being ad valorem duty of so much a pound on other merchandise. When these duties were granted to the Crown they were denominated subsidies, and as the duty of poundage had continued for a lengthened period at the rateof 1s. a pound, or five percent., a subsidy came, in the language of the cu...
Body corporate established by any law
Body corporate established by any law, the words 'body corporate established by any law' should be deemed to include even a body corporate established under any law i.e., even a company. But it appears that the words 'body corporate established by any law' have been deliberately used. While all companies and corporations, as defined in the Act are liable to pay bonus, the intention seems to be that only subsidies paid by body corporate established by any law, should be deductible items and not subsidies paid by bodies corporate established under any law. Sch. II, item 6(g), Payment of Bonus Act, 1965. Shri Ambica Mills Ltd. No. 1 v. Textile Labour Association, (1973) 3 SCR 123: AIR 1973 SC 1081: (1973) 3 SCC 787 (796)....
Frauds, Statute of
Frauds, Statute of, 29 Car. 2, c. 3 (A.D. 1676). This famous statute is said to have been famed by Sir Matthew Hale, Lord Keeper Guilford, and Sir Leoline Jenkins, an eminent civilian. Lord Nottingham used to say of it, that 'every line was worth a subsidy,' and it has been said that at all events the explanation of every line has cost a subsidy, no statute having been the subject of so much litigation. The statute, though it does not apply or have any Act corresponding to it in Scotland, was practically copied by the Irish Parliament in 7 Wm. 3, c. 12, applies generally to the British colonies, and, remarks Mr. Chancellor Kent (2 Com. 494, n. (d), 'carries its influence through the whole body of American juris-prudence, and is in many respects the most comprehensive, salutary, and important legislative regulation on record affecting the security of private rights.'The main object of the statute was to take away the facilities for fraud and the temptation to perjury which arose in verb...
Dextrose
A sirupy or white crystalline variety of sugar C6H12O6 so called from turning the plane of polarization to the right occurring in many ripe fruits and also called glucose Dextrose and levulose are obtained by the inversion of cane sugar or sucrose and hence the mixture is called called invert sugar Dextrose is chiefly obtained by the action of heat and acids on starch and hence called also starch sugar It is also formed from starchy food by the action of the amylolytic ferments of saliva and pancreatic juice...
lactose
The main sugar present in milk called also sugar of milk or milk sugar When isolated pure it is obtained crystalline it is separable from the whey by evaporation and crystallization It is a disaccharide with the formula C12H22O11 being chemically 4 beta D galactosido D glucose It has a slightly sweet taste is dextrorotary and is much less soluble in water than either cane sugar or glucose Formerly called lactin When hydrolyzed it yields glucose and galactose In cells it may be hydrolyzed by the enzyme beta galactosidase...
Aerated water
Aerated water, 'Aerated water' may contain sugar or may not contain sugar and if it does not contain sugar, it would not in any way detract from the standard of quality prescribed for 'aerated water' in its item. It is only the proviso to this item which requires that the sucrose content shall not be less than 5 per cent, but that is in case of 'sweetened carbonated water'. If what is sold is 'sweetened aerated water', then it must contain sucrose of not less than 5 per cent or else it would not be in conformity with the standard of quality prescribed by this item and would have to be regarded as adulterated. But this requirement of sucrose content being not less than 5 per cent does not apply where what is sold is not 'sweetened aerated water', but merely 'aerated water' which may or may not contain sugar, Bhim Sen v. State of Punjab', AIR 1976 SC 281: (1976) 1 SCC 141 (143). [Prevention of Food Adulteration Act, (37 of 1954), s. 7 r/w s. 16]...
Sugarcane
Sugarcane, in Webster's dictionary 'sugar-cane' has been defined as 'a grass extensively grown in tropical and warm regions for its sugar' and in Oxford dictionary it is defined as 'a fall perennial grass cultivated in tropical and sub-tropical countries and forming the chief source of unmanu-factured sugar'. Therefore it cannot be said that sugar-cane falls within the definition of the words 'green vegetables', Motipur Zamindary Co. (Pvt.) Ltd. v. State of Bihar, AIR 1962 SC 660 (662): 1962 Supp (1) SCR 498....
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